Commission-free: Fully let residential and commercial building in a central location near the train station – factor 17.3.

For sale is a fully tenanted residential and commercial building in a central location in Winsen (Luhe), just a few minutes' walk from the train station and the city center. The property is being offered directly by the owner, meaning no commission is due from the buyer. This multi-unit building, constructed around 1900, offers both ongoing rental income and further development potential, making it particularly suitable for investors seeking an established property with opportunities for improvement. The building comprises four residential units and one commercial unit on the ground floor. The commercial space has been used as a mobile phone shop since March 2026. All residential and commercial units are currently tenanted. Since the current owners acquired the property, there has been no vacancy. The current net cold rent is approximately €3,610 per month, or €43,320 per year. With an asking price of €749,000, this represents a price-to-rent ratio of approximately 17.3, and an initial gross rental yield of approximately 5.78%. Furthermore, there is additional potential for rental growth. In some of the apartments, the current rents are below the target level of approximately €10 per square meter. Taking into account potential rent adjustments, as well as the separate rental of two currently unassigned parking spaces and a possible additional basement/storage area, the prospective annual net cold rent amounts to approximately €50,340. Based on the asking price, this corresponds to a gross rental yield of approximately 6.72% or a factor of approximately 14.9. Rent adjustments, of course, must be made in accordance with legal requirements. Furthermore, the potential use of the spacious apartments on the 1st and 2nd floors is noteworthy. Due to the layout and excellent transport links, subject to legal and practical conditions, concepts such as shared living arrangements, co-living, or furnished single rooms could be viable. The property has been continuously maintained and modernized in recent years. A significant portion of the windows have already been replaced with plastic windows with triple glazing. The sale is solely due to a strategic reallocation of capital to another real estate project. Purchase price: €749,000.
Directly from the owner – no buyer's commission.

The property is located at Bahnhofstraße 72, 21423 Winsen (Luhe), in a particularly attractive inner-city location suitable for both residential and commercial use. A key advantage of the location is its immediate proximity to the Winsen (Luhe) train station. This station is conveniently accessible on foot and offers excellent rail connections, particularly towards Hamburg and Lüneburg. Therefore, the location is equally suitable for commuters, employees, and tenants seeking a central residential location with good connections to the Hamburg metropolitan area. Bahnhofstraße is an important link between the train station and the center of Winsen. Shops, restaurants, doctors, banks, service providers, and other amenities are located nearby and are partially accessible on foot. Winsen (Luhe) is the district town of the Harburg district and benefits particularly from its location between Hamburg and Lüneburg. In addition to the rail connection, there is also an excellent regional road connection via the A39 motorway. The combination of proximity to the train station, its central location, and short distances represents a significant advantage from a landlord's perspective. The location is particularly attractive for commuters and working professionals, contributing to its long-term rental potential. The commercial unit also benefits from its location on Bahnhofstrasse. Since March 2026, a mobile phone shop has been operating there. This demonstrates the suitability of the ground floor for retail, office, service, or similar commercial concepts. The central location also opens up interesting possibilities for alternative living concepts. In particular, the larger apartments, due to their layout and proximity to the train station, could be suitable for shared living (WG/co-living) or furnished rental concepts. Overall, the property combines a central city location with a combination of good accessibility, established infrastructure, and high practicality for tenants, which is important for investors.